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Anwar: China will support Malaysia's govt to make New Industrial Master Plan 2030 a success
(theedgemalaysia.com)
News section for business, economy and money of Malaysia
Consequences of sided with China is that MYR keep depreciating.
the irony is FDI actually strengthens MYR.
There is also opportunity for upskilling of local labour talent, and tech transfer, all of which could benefit the local labour market which would in turn generate better job opportunities.